Citigroup Asset Management has released it market outlook for the fourth quarter of 2005, forecasting a quarter of steady growth replete with forseeable hiccups on the global economic front. Delivered by Dr. Kevin Hebner, its Tokyo-based global investment strategist, the presentation was entitled Solid Growth and Moderate Inflation, Masking a Precarious Balancing Act and offered few punches that detracted from the title.
The word from Citigroup Asset Management is that economic growth, both globally and regionally, will remain steady for the coming quarters, but certain problems could emerge over the longer term.
Currently, we are experiencing a smug and comfortable environment, but as time goes on the...
